April 2008 Blog Posts (8)

Factoring Basics

History

Factoring is the act of selling an asset at a discount for the advantage of immediate cash. As a business, it has been around for hundreds of years. In fact, if you want a Biblical reference to discounting invoices check out Luke16: 1- 13.

Waiting for your ship to come in

In the United States, factoring most likely got its foothold at the docks on the east coast. When the growers brought their crops, mostly…

Without changing your general business practices and without hiring new
collections personnel, is there anything can you do to collect the money that is
owed to you in less time than it takes you today?

In a word, NO. No growth occurs without change. You will have to change. If
your current practices could get you paid sooner, they would be doing that already.
So, the first thing you have to agree to do is...CHANGE.

I answered the part of Houston question "northwest", so I searched with the search box in the upper right part of the main page for northwest. This will find all of the members with that in their answer.

If you want to start a group as a sub-group of our InHouston site and lead a regular morning networking breakfast or a monthly networking event, then you can search for your area and then invite all of those to join a group you create for that purpose on this site. Be sure to share… Continue

We have a new video contest for the InHouston Network. This is a great opportunity to dive in, learn a new skill or refine one you already have, build our community and become a featured member.

Record a short 2-5 minute video highlighting www.InHouston.com and what folks can get plugging into this free community. Open a Free account at http://Tubemogul.com and submit your video to the various… Continue

Start Your Own Chamber

Our local Houston chamber (one called Greater Houston Partnership) is a great source for about 10,000 highly active volunteers. But, it is hard to get involved and even harder to get a place of usefulness. The morning meetings downtown also necessitate commuting over an hour one way which is one reason why I started working for myself and I don't want to go back to that.

So, instead, I took what Keith Ferrazzi said in his book Never Eat Alone… Continue